Impressive 8% CAP rate! Opportunity to own a multi-family

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Acreage Active Under Contract

726 Menehune Lane

Honolulu, Hawaii 96826

Island of Oahu

Community: KAPIOLANI

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$2,499,000 11077.000 acres

Impressive 8% CAP rate! Opportunity to own a multi-family property in an unbeatable location across from Iolani School. This property includes three single-story duplex buildings (6 units total), currently configured as three spacious 4-bedroom, 2-bath units- originally six (2-bed, 1-bath) units and easily convertible back for greater rental flexibility. Long-term tenants in place, and generating strong cash flow. Conveniently located near Waikiki Beach, Ala Moana, bus lines, and restaurants. *Some photos have been virtually decluttered

  • Lot Size: 11077.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $300
  • MLS #: 202524362
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Contact Information:
Beach Acreage Active Under Contract in Honolulu, Hawaii
Listing Agent: Erik K Taniguchi, Keller Williams Honolulu, 808-596-2888, 808-596-2888 Listing Site, Listing Status: Active Under Contract
Copyright © 2025 Honolulu Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6768359
Viewed 48 times.
Updated: Oct 29, 2025

This property is a Acreage located at 726 Menehune Lane, Honolulu, Hawaii 96826, and is currently Active Under Contract at $2,499,000.